Celebrating humanity's flourishing through the spread of capitalism and the rule of law
04 Feb 2025 Leave a comment
in applied price theory, comparative institutional analysis, economic growth, economic history, economics of regulation, entrepreneurship, macroeconomics, politics - New Zealand
The Prime Minister’s speech 10 days or so ago kicked off a flurry of commentary. No one much anywhere near the mainstream (ie excluding Greens supporters) questioned the rhetoric. New Zealand has done woefully poorly on productivity for a long time and we really need better outcomes, and the sorts of policy frameworks that would […]
Going for growth…..perhaps
03 Feb 2025 Leave a comment
in applied price theory, economic history, economics of regulation, health economics Tags: economics of prohibition
The picture below is of a few paragraphs from the book The Economics of Public Issues, which I often used as a supplemental textbook when I was teaching. Now for modern day Mexico. See How Mexican Cartels Test Fentanyl on Vulnerable People and Animals: A global crackdown on fentanyl has led cartels to innovate production methods…
How are Mexico and Turkey right now like the USA in the 1920s? (Prohibition is causing deaths from drug & alcohol poisoning)
01 Feb 2025 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic growth, economics of bureaucracy, economics of regulation, health economics, macroeconomics, politics - New Zealand, Public Choice Tags: economics of pandemics
Michael Reddell writes – I’ve spent the last week writing a fairly substantial review of a recent book (“Australia’s Pandemic Exceptionalism: How we crushed the curve but lost the race”) by a couple of Australian academic economists on Australia’s pandemic policies and experiences. For all its limitations, there isn’t anything similar in New Zealand. What […]
Reviewing Covid experiences and policies
31 Jan 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, politics - USA, transport economics Tags: 2024 presidential election
Newly-confirmed Department of Transportation (DOT) Secretary Sean Duffy is already moving to overturn the Biden-Harris administration’s stringent fuel economy standards for vehicles.
Trump Admin Moves To Toss Out Biden’s Fuel Economy Rules
31 Jan 2025 Leave a comment
in applied price theory, applied welfare economics, Armen Alchian, Austrian economics, comparative institutional analysis, economics of information, economics of regulation, entrepreneurship, experimental economics, history of economic thought, law and economics, politics - New Zealand, property rights Tags: competition law
Targeting big existing businesses may be tempting to politicians, but ensuring market openness will do more good Eric Crampton writes – It’s fair to say that economists like competition. It’s also fair to say that when politicians start talking about competition, economists ought to get a little bit nervous.
When politicians campaign on competition, be very worried
30 Jan 2025 Leave a comment
in applied price theory, applied welfare economics, economic history, economics of bureaucracy, economics of regulation, fiscal policy, health and safety, health economics, labour economics, labour supply, law and economics, macroeconomics, politics - Australia, politics - New Zealand, property rights, Public Choice Tags: economics of pandemics
I’ve spent the last week writing a fairly substantial review of a recent book (“Australia’s Pandemic Exceptionalism: How we crushed the curve but lost the race”) by a couple of Australian academic economists on Australia’s pandemic policies and experiences. For all its limitations, there isn’t anything similar in New Zealand. What we do have is […]
Reviewing Covid experiences and policies
26 Jan 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming Tags: British politics, climate activists, climate alarmism
We will no doubt muddle through again, but nobody in the media seems to be pointing to the elephant in the room; the fact that demand for electricity will start to rise rapidly as we transition to heat pumps and EVs.
We Are Close To Blackouts Now–But What About 2030?
26 Jan 2025 1 Comment
in applied price theory, comparative institutional analysis, defence economics, econometerics, economic history, economics of education, economics of information, economics of media and culture, economics of regulation, industrial organisation, law and economics, politics - USA, property rights, war and peace Tags: patents and copyrights, World War II
One of the hardest questions in copyright policy is: “What would have happened otherwise?” When Disney lobbies for longer copyright terms or academic publishers defend high subscription fees, we struggle to evaluate their claims because we can’t observe the counterfactual. What would happen to creativity and innovation if we shortened copyright terms or lowered prices? […]
A Wartime Natural Experiment About Copyright
24 Jan 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, financial economics, global warming, law and economics, politics - USA, property rights Tags: active investing, climate activists, climate alarmism, efficient markets hypothesis
While no settlement is perfect, this agreement represents a significant victory for transparency, accountability, and the integrity of financial markets. For Tennessee investors—and indeed, all investors across the country—it’s a step in the right direction.
The Tennessee-BlackRock Settlement: A Win for Transparency and Investor Interests
24 Jan 2025 Leave a comment
in applied price theory, development economics, economics of regulation, health economics, politics - Australia, politics - New Zealand, politics - USA Tags: drug lags, food safety
Reason: In a sweeping move to overhaul Argentina’s food trade policies, Javier Milei’s administration officially deregulated food imports and exports on Monday. The reform, outlined in Decree 35/2025, seeks to boost foreign trade, cut bureaucratic red tape, and lower consumer prices. Federico Sturzenegger, head of the Ministry of Deregulation and State Transformation, explained in a post on […]
Milei Implements Peer Approval for Food
23 Jan 2025 Leave a comment
in applied price theory, behavioural economics, discrimination, economics of bureaucracy, economics of education, economics of information, economics of media and culture, economics of regulation, gender, labour economics, law and economics, liberalism, Marxist economics, politics - USA, property rights, Public Choice Tags: affirmative action, Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left, sex discrimination
22 Jan 2025 Leave a comment
in applied price theory, economics of regulation, entrepreneurship, industrial organisation, labour economics, law and economics, macroeconomics, politics - New Zealand
The year ahead: Oliver Hartwich reflects on nearly five decades of living through technological transformation – and finds a giant wellspring of optimism Oliver Hartwich writes – When Newsroom’s editor Jonathan Milne invited me to write one of two special pieces for the summer break, I faced quite the conundrum. My options were to either […]
A pessimist’s reasons to be optimistic in 2025
20 Jan 2025 Leave a comment
in applied price theory, budget deficits, economic growth, economic history, economics of regulation, energy economics, environmental economics, fiscal policy, global warming, industrial organisation, labour economics, macroeconomics, monetary economics, politics - USA, Public Choice, rentseeking, survivor principle Tags: 2024 presidential election, regressive left
This is the last full day of Joe Biden’s dismal presidency, so let’s do what we did with Justin Trudeau and reflect on his pathetic legacy. I’ve already provided my own economic assessment of Biden’s record, so now let’s review how he is seen by others. We’ll start with the American people. According to a […]
Good Riddance, Joe Biden
19 Jan 2025 Leave a comment
in economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, macroeconomics, monetary economics, politics - USA
The Fed, which some claim is an unconstitutional body anyway, has noticed the US is changing its leader, so has performed a political manoeuvre by deciding that from now on ‘greening the financial system’ – whatever that means – is somebody else’s problem, officially at least. The decision follows on from various leading banks leaving […]
US Federal Reserve withdraws from global regulatory climate change group
19 Jan 2025 1 Comment
in Adam Smith, applied price theory, comparative institutional analysis, development economics, economic history, economics of love and marriage, economics of regulation, entrepreneurship, history of economic thought, industrial organisation, labour economics, labour supply, law and economics, poverty and inequality, property rights, unemployment
Tweet… is from page 53 of the late, great Harold Demsetz’s excellent 2008 book, From Economic Man to Economic System: Adam Smith and Thomas Malthus differed in their forecasts of mankind’s future. Smith (1776), in his Wealth of Nations, offered an optimistic view, basing this on his understanding of the new economic system that began…
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Res ipsa loquitur - The thing itself speaks
In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
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The truth about the great wind power fraud - we're not here to debate the wind industry, we're here to destroy it.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Utopia, you are standing in it! 
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